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        <description><![CDATA[Webber Wentzel was awarded African Law firm of the Year at the 2019 African Legal Awards. We were praised by the panel of judges for our deal presence across Africa, as well as for our commitment to access to justice.]]></description>
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            <title>A passport for lawyers? SADC edges toward mutual recognition</title>
            <link>https://www.polity.org.za/article/a-passport-for-lawyers-sadc-edges-toward-mutual-recognition-2026-10-30</link>
            <description><![CDATA[Picture a regional merger and acquisitions deal spanning Gaborone, Sandton and Lusaka, or an arbitration seated in one Southern African Development Community (SADC) state but involving assets and witnesses in three others. Today, that work is co-ordinated through a lead firm working alongside local counsel in each jurisdiction. That relationship has real strengths: local counsel brings critical knowledge of domestic law, procedure and regulators, while the lead firm holds the overall strategy and client relationship together across borders. A new regional mechanism could change how some of that interaction and co-ordination unfolds. What's on the table]]></description>
            <author>Creamer Media Reporter  </author>
            <category>Webber Wentzel</category>
            <pubDate>Fri, 30 Oct 2026 09:19:00 +0200</pubDate>
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            <title>Making cents of public finance: Important proposed public and municipal finance reforms</title>
            <link>https://www.polity.org.za/article/making-cents-of-public-finance-important-proposed-public-and-municipal-finance-reforms-2026-10-29</link>
            <description><![CDATA[On 21 October 2026, National Treasury published the Draft Public Finance Management and Related Laws Amendment Bill, 2026 (the PFMA Amendment Bill) and the Draft Local Government: Municipal Finance Management Amendment Bill, 2026 (the MFMA Amendment Bill) for public comment. These Bills propose significant amendments to South Africa's existing legal framework for public financial management.  The PFMA Amendment Bill proposes to repeal the Exchequer Act 66 of 1975 and amend the Financial and Fiscal Commission Act 99 of 1997, the Public Finance Management Act 1 of 1999 (the PFMA), the Public Audit Act 25 of 2004 and the Money Bills and Related Matters Act 9 of 2009. Key proposals include:]]></description>
            <author>Creamer Media Reporter  </author>
            <category>Webber Wentzel</category>
            <pubDate>Thu, 29 Oct 2026 10:18:00 +0200</pubDate>
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            <title>Who gets to decide Africa's risk? A new rating agency enters the arena</title>
            <link>https://www.polity.org.za/article/who-gets-to-decide-africas-risk-a-new-rating-agency-enters-the-arena-2026-10-28</link>
            <description><![CDATA[For as long as African states have borrowed on international markets, a handful of analysts sitting thousands of kilometres away have had an outsized say in what that money costs. With the official launch of the Africa Credit Rating Agency (AfCRA) in Mauritius on 7 October 2026, the African Union (AU) has gone beyond claiming a seat at the proverbial table and has instead built its own table. Why now?]]></description>
            <author>Creamer Media Reporter  </author>
            <category>Webber Wentzel</category>
            <pubDate>Wed, 28 Oct 2026 08:55:00 +0200</pubDate>
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            <title>Provisional tax changes: A higher threshold for the basic-amount alternative, but paying late ...</title>
            <link>https://www.polity.org.za/article/provisional-tax-changes-a-higher-threshold-for-the-basic-amount-alternative-but-paying-late-could-cost-more-2026-10-27</link>
            <description><![CDATA[The Tax Administration Laws Amendment Bill, 2026 (the Bill) tabled at Parliament proposes two changes to the underestimation penalty for underpayment of provisional tax. The first raises a threshold, so that more taxpayers can rely on the basic amount derived from an earlier assessment. The second changes what happens if the second provisional tax payment is late. A correct estimate on the IRP6 would no longer, on its own, protect a taxpayer who fails to pay the required amount in full within one month of the payment deadline. What is provisional tax?]]></description>
            <author>Creamer Media Reporter  </author>
            <category>Webber Wentzel</category>
            <pubDate>Tue, 27 Oct 2026 10:32:00 +0200</pubDate>
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            <title>Cornucopia Trust – When does a finance charge become section 24J interest?</title>
            <link>https://www.polity.org.za/article/cornucopia-trust-when-does-a-finance-charge-become-section-24j-interest-2026-10-19</link>
            <description><![CDATA[The recent decision of the Supreme Court of Appeal (SCA) in CSARS v Cornucopia Trust [2026] ZASCA 116 (Cornucopia Trust) concerned the deductibility of loan raising fees under section 24J. The taxpayer incurred substantial raising fees in connection with acquisition and refinancing facilities and treated those fees as deductible financing costs spread over the life of the loans. SARS disagreed. The majority of the SCA found for the taxpayer. The minority dissent found for SARS. Viewed narrowly, the dispute concerned whether a raising fee constitutes a "similar finance charge" for purposes of section 24J. Viewed more broadly, the case asks whether SARS achieved its objective of narrowing the definition of “interest” in 2016.]]></description>
            <author>Creamer Media Reporter  </author>
            <category>Webber Wentzel</category>
            <pubDate>Mon, 19 Oct 2026 14:26:00 +0200</pubDate>
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            <title>South Africa's electricity market is being rewired at pace, and so are the rules of project finance</title>
            <link>https://www.polity.org.za/article/south-africas-electricity-market-is-being-rewired-at-pace-and-so-are-the-rules-of-project-finance-2026-10-12-1</link>
            <description><![CDATA[The Department of Electricity and Energy has published the Electricity Sector Market Transformation Position Paper, 2026 (the Position Paper), the first unified policy document consolidating South Africa's electricity reform agenda. The Position Paper is open for public comment until later this month (September 2026). Government still aims to soft-launch the South African Wholesale Electricity Market (SAWEM) this year within the Eskom group of entities only, followed by a gradual and phased opening of the market to participants beyond Eskom from 2027. A request for proposals has been issued for a transaction adviser to support the establishment of a fully independent Transmission System Operator (TSO), with an end-2027 target for transaction conclusion.]]></description>
            <author>Creamer Media Reporter  </author>
            <category>Webber Wentzel</category>
            <pubDate>Mon, 12 Oct 2026 10:07:00 +0200</pubDate>
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            <title>The AI disclosure gap: Are insureds telling insurers enough?</title>
            <link>https://www.polity.org.za/article/the-ai-disclosure-gap-are-insureds-telling-insurers-enough-2026-10-12</link>
            <description><![CDATA[The pattern of commercial innovation in business is familiar: adopt new technology, discover its exposures, and then look to the insurance market to respond. AI has not altered this trend, but what is different is that the insurance may already be in place.]]></description>
            <author>Creamer Media Reporter  </author>
            <category>Webber Wentzel</category>
            <pubDate>Mon, 12 Oct 2026 10:04:00 +0200</pubDate>
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            <title>Africa’s next growth chapter starts with capital closer to home</title>
            <link>https://www.polity.org.za/article/africas-next-growth-chapter-starts-with-capital-closer-to-home-2026-10-09</link>
            <description><![CDATA[Africa enters the FT Africa Summit this year facing a familiar question in unfamiliar circumstances. How does the continent finance growth when development funding is tightening, trade relationships are shifting and global capital is being reallocated? Michael Denenga will attend the summit in London on 21 and 22 October 2026, where the theme “Mobilising Growth in a New Global Order” will bring this question into focus. As technology changes how markets are served and engagement from the Gulf, China and India grows alongside established ties with Europe, the United Kingdom and the United States, African governments and businesses are placing greater weight on regional trade, resilient supply chains and partnerships that offer more than capital alone.]]></description>
            <author>Creamer Media Reporter  </author>
            <category>Webber Wentzel</category>
            <pubDate>Fri, 09 Oct 2026 09:31:00 +0200</pubDate>
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